Comcast

Recurrence stems from monthly broadband, wireless, and business connectivity plus long‑dated sports contracts, while theme parks add multi‑year visibility as Epic Universe ramps. Peacock losses narrowed and subs stabilized around the low‑40‑million level in mid‑2025, aiding Media EBITDA consistency.

Offsetting this, residential broadband net losses and ad market variability reduce precision. Q2 2025 net income benefited from a non‑recurring gain related to the Hulu transaction, so we focus on free cash flow and segment EBITDA trends, which have been steadier.